With some experts labeling the current crypto winter as having chances of becoming the worst in history, they are now defining it as an ice age.
What does that mean for some of the biggest crypto projects like Polygon (MATIC) and Uniswap (UNI)? Does the newcomer Uwerx shrug the snowflakes off as if unaffected?
Polygon or Poly-gone?
Tapping into everything that Ethereum is not able to deliver, Polygon (MATIC) is a Layer-2 network that offers scalability and faster transactions at a much cheaper cost. No wonder it is extremely popular and at one time, the native Polygon (MATIC) token stood at just a tad under $3.
But as the market cooled, so did Polygon (MATIC). At $0.91 now, it has slipped 69%.
The coming months are not so good for Polygon (MATIC) either. While the most promising estimates say it can even beat its ATH and touch something like $4, these are extremely speculative. Conservative estimates say it will keep hovering around the $1 mark – negligible gains, if any.
Uniswap or Uni-swept?
Amongst the most famous DEXs (Decentralized Exchanges), Uniswap (UNI) is popular for its smooth operations and good liquidity through AMMs. The Uniswap (UNI) serves as a governance token to the platform, allowing holders to dictate their own financial future.
The rise of DeFi saw Uniswap (UNI) gain good value, eventually reaching $43. However, DeFi hacks and rug pulls in the market have dented overall user confidence and Uniswap (UNI) has experienced the fallout. Slipping as low as 86%, it trades at just over $6 today with a $4.6 billion market cap and around $122.5 million trade volume a day.
With the market situation seemingly not improving much in the coming months, Uniswap (UNI) predictions are not good either. A turnaround in the crypto market may see it gain value – up to as much as $8, but that is extremely speculative and may not even breach the $7 anytime soon.
A gloomy outlook for Uniswap (UNI) investors.
Uwerx (WERX) Presale Gaining Huge Momentum
The freelancer market is thriving and resilient to global market volatility, but at the same time, it is being choked through intermediaries such as Upwork and Fiverr which take a huge slice out of freelancers’ earnings.
Uwerx offers a far better alternative with its blockchain-based decentralized freelancing services. Using blockchain means it is able to offer a lesser fee of only 1%. Other benefits include faster payment release, intellectual property protection, and, of course, the security of blockchain itself! Not to mention the potentially huge gains to be made on the WERX token itself.
But also, as a project for the users, Uwerx will be removing all taxes on transactions with eventual control of the platform relieved to users.
Lesser dependent on the crypto market conditions and catering to one of the fastest-growing industries in the world, Uwerx has the winning formula to take on other gig economy giants like Upwork and Fiverr.
This is precisely why analysts are predicting a surge in its token price. With as high as a $0.80 price increase within Q4 2023 and a value $2.6 within Q1 of 2024. Uwerx is likely to be a dominating force in not only the freelancing industry, but the crypto market as well. Uwerx also has audit approval by InterFi Network and SolidProof and will lock liquidity in for 25 years as soon as the presale ends. Additionally, ownership of the contracts will be renounced as soon as the project is ready to be listed on centralized exchanges.
With the presale set at $0.0065 per token, this presents an opportunity investors are clamoring to get a possible future blue-chip cryptocurrency at a practically throw-away price.
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